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2014 has been another successful year for we the management elite. One is reminded of that dear old Greek chap Aristotle who so accurately opined

For that some should rule and others be ruled is a thing not only necessary, but expedient; from the hour of their birth, some are marked out for subjection, others for rule.

(Aristotle made his fortune from the invention of the Kebab and never looked back)

According to the High Pay Centre[1] In 2014, we have done rather better financially than expected and one might reasonably ask: ‘What Recession?’

Our executive pay has grown from 60 times that of the average worker to almost 180 times since the 1990s said their report.

The FTSE 100 Chief Executives are paid an average £4.3 million[2], equivalent to hourly pay of well over £1,000. Executive pay has increased by 74% over the past decade, while wages for ordinary workers have remained flat.

Top bosses now take home more in two and a half days than the average worker earns in a year so we are well on our way to our target of; 1 day’s work for us equals 1 year’s work for the Great Unwashed, which feels about right.

Of course we have to thank a few others for helping us rise to these glorious heights where we rightfully belong. Our Conservative Party colleagues, for helping us drive the little people’s wages down enabling our profits to rise and triggering our performance related bonuses. The Socialist lot for electing Ed as their top man, who is as effective as a non-exec in a remuneration committee and of course, UKIP who have managed to convince everyone that it’s immigration that’s at fault and why the country is in such a state rather that the mis-management of the banking, financial and other key industries by us the Fat Cats[3].

To be clear we don’t want Farage’s lot in power or else we are going to have to pay a living wage to some UK born and bred chap who actually has some rights.

So in this season of goodwill to all, let us put apart our differences and remember those less fortunate and poorer than us by raising a toast to all skint people everywhere who support us by their toil and strife and especially those who aspire to be like us and don’t rock the boat.

A Happy Xmas to You All

Dick

Notes:

1: A bunch of socialist malcontents mostly on the average wage

2: For the benefit of HMRC we actually earn £43,000 in the UK the rest is earned in

Lichtenstein

3. Fat Cats are very popular on YouTube as although they are a teensie bit selfish

underneath they are lovely and huggable, just like us really.

Note: Please follow this blog and/or comment and great luck and good things will allegedly come to you

Anne Wojcicki, former spouse of the founder of Google, Sergey Brin parks where she wants to. When she is caught, which is 50% of the time, she simply pays the fines.

Although she has a net worth of around $20Bn and can afford to pay these charges off immediately it’s still blatantly unfair that the Californian authorities have yet to offer a bulk discount enabling her to save money on her contributions to the State. What about two fines for the price of one, a season ticket or 50% off on Black Fridays?

And why should we clamour for help for this wonderful lady? Well single handedly due to her admirable pig headiness, understandable upper class arrogance and refusal to fall in line with the pseudo socialist mantras of the local traffic enforcement authorities, she is funding whole communities with her selfless acts. Yet another example of how Rich People are often persecuted by those they selflessly help out.

We all know that Rich People are intrinsically better than Poor People. This is because they have more money ergo they are more successful, obviously work harder and certainly dress better so why the authorities (note; mostly made up of poor people) want Rich People to follow rules primarily aimed at the lower classes is anyone’s guess.

It is just about understandable that this should occassionally happen in the UK, where from time to time we have socialist cabals in power but its intensely worrying that this happens across the pond where you regularly shoot Poor People and where Rich People are usually merely admonished respectfully.

The *Committee for Rich Advantaged People has the following proposal which will be presented for consideration and then forced through anyway. The following irritations should NOT apply to the better off:

Parking restrictions

Speed restrictions

Queuing for anything

Waiting for anything

Being forced to mix with those of lower standing

And how do you join us at CRAP? Just tick the boxes below and if all these apply then you are in.

For those who may not know Tesco PLC is a multinational grocery and general merchandise retailer. After Walmart, it is the second-largest retailer in the world measured by profits and second-largest retailer in the world measured by revenues. It has stores in 12 countries across Asia, Europe and North America and is the grocery market leader in the UK. But it’s now in trouble for allegedly telling porky pies about its recent profits. A new Mediocre company we Brits can be proud of! Take a look at the share price.

And this crisis has hit the other side of the pond as poor old Warren Buffet is now down to his last $70.3 Billion as he loses heavily on Tesco shares. (Please note that If you are able to donate to the WB I’m very nearly broke fund please do so that we can assist the poor guy in his dotage. As usual send all donations to Dick who will pass them on taking only reasonable expenses out)

There is however some good news. With the departure or suspension of many key Tesco Executives, rumours are circulating in the City of the imminent appointment of Torvil DeHavilland-Pratt, noted Marketing guru and a Director of the Institute of Mediocre Management, as Most Senior Executive RS VP Promotions at Tesco In an exclusive interview, Torvil revealed how he has married together the financial expertise of the remaining Tesco Accountants and the stores reputation for low prices. So coming to a store near you will be the Get more Cash for your Cash! instore promotion He explains: “The prices for brand new and genuine £10 pound notes will be slashed. They were previously on sale at £14.99 each but will now be only £12 each or 2 for £22.99. If these notes are invested in the new Tesco Investment Trusts Upgrade Programme or TiTsUp customers will receive an interest rate of between -10% and +10%” Typical Example of whats bound to happen to your investment:

Buy 10 x £10 notes at £14.99 each

£149.90

Introductory discount (2 for £22.99)

£34.95

Actual price for customer

£114.95

Total at end of 5 years cumulative interest (with assumed interest rate at 10%)

£185.13*

“That’s over £70 profit from your TiTsUp fund”, explained Torvil, “compared to none if you’d kept 10 x £10 notes in a tin under your bed for the same time. And if you put in £100,000 and why wouldn’t one? You would get £71,000 yes £71,000 for doing nothing but acting smugly for 5yrs.” So Dick Lannister says ignore Warren Buffet, what does he know? With Torvil likely to lead the way at Tesco, sell everything you own and invest in this famous Mediocre UK company’s fantastic scheme.

* Please note that your capital rate ratios portfolios can levitate gravitationally both in a vertical and upwards scenario but also move in an anti-positive direction which may result in your fiscal remainder being short of a contribution or two at the end of term.